Commerce Other Non Cash Items vs Depreciation Analysis

CBSH Stock  USD 53.96  0.49  0.90%   
Commerce Bancshares financial indicator trend analysis is way more than just evaluating Commerce Bancshares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Commerce Bancshares is a good investment. Please check the relationship between Commerce Bancshares Other Non Cash Items and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commerce Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Commerce Stock please use our How to Invest in Commerce Bancshares guide.

Other Non Cash Items vs Depreciation

Other Non Cash Items vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Commerce Bancshares Other Non Cash Items account and Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Commerce Bancshares' Other Non Cash Items and Depreciation is -0.09. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Depreciation in the same time period over historical financial statements of Commerce Bancshares, assuming nothing else is changed. The correlation between historical values of Commerce Bancshares' Other Non Cash Items and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Commerce Bancshares are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Other Non Cash Items i.e., Commerce Bancshares' Other Non Cash Items and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Non Cash Items

Depreciation

Depreciation indicates how much of Commerce Bancshares value has been used up. For tax purposes Commerce Bancshares can deduct the cost of the tangible assets it purchases as business expenses. However, Commerce Bancshares must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Commerce Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Commerce Bancshares current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commerce Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Commerce Stock please use our How to Invest in Commerce Bancshares guide.The Commerce Bancshares' current Enterprise Value is estimated to increase to about 7.3 B, while Selling General Administrative is projected to decrease to under 388.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.5B2.0B2.1B
Total Revenue1.4B1.5B2.0B2.1B

Commerce Bancshares fundamental ratios Correlations

-0.85-0.27-0.18-0.28-0.84-0.870.150.49-0.91-0.39-0.590.11-0.02-0.74-0.35-0.8-0.25-0.55-0.47-0.960.47-0.83-0.310.41-0.82
-0.850.010.180.290.920.85-0.53-0.490.810.520.38-0.4-0.170.820.220.690.020.490.590.93-0.470.890.47-0.350.93
-0.270.01-0.15-0.11-0.050.30.45-0.440.50.490.910.15-0.360.050.590.590.210.7-0.640.18-0.030.31-0.02-0.22-0.06
-0.180.18-0.150.990.130.4-0.040.590.16-0.090.00.210.520.13-0.18-0.180.28-0.070.390.22-0.22-0.080.210.510.43
-0.280.29-0.110.990.220.49-0.090.490.27-0.010.080.160.470.25-0.11-0.070.290.020.430.32-0.310.040.240.430.52
-0.840.92-0.050.130.220.78-0.49-0.390.730.440.29-0.33-0.050.72-0.030.61-0.120.280.620.91-0.40.820.55-0.340.84
-0.870.850.30.40.490.78-0.1-0.30.850.370.6-0.04-0.020.60.40.70.330.590.340.94-0.520.850.47-0.110.84
0.15-0.530.45-0.04-0.09-0.49-0.10.21-0.21-0.560.180.810.26-0.60.32-0.130.58-0.07-0.6-0.250.02-0.23-0.380.19-0.53
0.49-0.49-0.440.590.49-0.39-0.30.21-0.61-0.61-0.570.370.74-0.58-0.61-0.840.19-0.690.14-0.450.25-0.66-0.140.78-0.29
-0.910.810.50.160.270.730.85-0.21-0.610.680.81-0.24-0.260.770.490.920.10.780.250.88-0.390.810.4-0.390.8
-0.390.520.49-0.09-0.010.440.37-0.56-0.610.680.67-0.65-0.590.640.230.67-0.370.71-0.010.4-0.040.510.36-0.390.47
-0.590.380.910.00.080.290.60.18-0.570.810.67-0.04-0.390.390.640.820.180.85-0.330.51-0.180.580.19-0.290.35
0.11-0.40.150.210.16-0.33-0.040.810.37-0.24-0.65-0.040.42-0.470.11-0.250.51-0.33-0.31-0.16-0.22-0.24-0.140.23-0.38
-0.02-0.17-0.360.520.47-0.05-0.020.260.74-0.26-0.59-0.390.42-0.23-0.49-0.510.54-0.570.47-0.030.09-0.31-0.340.42-0.03
-0.740.820.050.130.250.720.6-0.6-0.580.770.640.39-0.47-0.230.20.66-0.120.510.540.72-0.590.670.4-0.510.79
-0.350.220.59-0.18-0.11-0.030.40.32-0.610.490.230.640.11-0.490.20.670.410.81-0.380.33-0.270.47-0.05-0.290.17
-0.80.690.59-0.18-0.070.610.7-0.13-0.840.920.670.82-0.25-0.510.660.670.040.860.010.77-0.330.830.33-0.570.6
-0.250.020.210.280.29-0.120.330.580.190.1-0.370.180.510.54-0.120.410.040.150.040.21-0.120.17-0.480.140.04
-0.550.490.7-0.070.020.280.59-0.07-0.690.780.710.85-0.33-0.570.510.810.860.15-0.20.53-0.20.640.16-0.350.46
-0.470.59-0.640.390.430.620.34-0.60.140.25-0.01-0.33-0.310.470.54-0.380.010.04-0.20.5-0.160.250.13-0.030.68
-0.960.930.180.220.320.910.94-0.25-0.450.880.40.51-0.16-0.030.720.330.770.210.530.5-0.50.910.44-0.330.87
0.47-0.47-0.03-0.22-0.31-0.4-0.520.020.25-0.39-0.04-0.18-0.220.09-0.59-0.27-0.33-0.12-0.2-0.16-0.5-0.47-0.490.24-0.4
-0.830.890.31-0.080.040.820.85-0.23-0.660.810.510.58-0.24-0.310.670.470.830.170.640.250.91-0.470.37-0.490.71
-0.310.47-0.020.210.240.550.47-0.38-0.140.40.360.19-0.14-0.340.4-0.050.33-0.480.160.130.44-0.490.370.130.49
0.41-0.35-0.220.510.43-0.34-0.110.190.78-0.39-0.39-0.290.230.42-0.51-0.29-0.570.14-0.35-0.03-0.330.24-0.490.13-0.12
-0.820.93-0.060.430.520.840.84-0.53-0.290.80.470.35-0.38-0.030.790.170.60.040.460.680.87-0.40.710.49-0.12
Click cells to compare fundamentals

Commerce Bancshares Account Relationship Matchups

Commerce Bancshares fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding138.6M135.0M134.4M131.8M130.1M134.5M
Total Assets26.1B32.9B36.7B31.9B31.7B19.2B
Short Long Term Debt Total2.4M802K12.6M9.7M2.9B3.1B
Other Current Liab6.9B10.5B11.8B10.1B8.0B9.7B
Total Current Liabilities8.7B12.6B14.8B12.9B10.9B11.7B
Total Stockholder Equity3.1B3.4B3.4B2.5B2.9B1.9B
Property Plant And Equipment Net370.6M371.1M388.7M418.9M469.1M342.0M
Net Debt(885.0M)(2.2B)(4.3B)(832.0M)228.1M239.5M
Retained Earnings201.6M73M92.5M31.6M53.2M50.5M
Accounts Payable20.5B26.9B29.8B26.2B30.1B31.6B
Cash887.5M2.2B4.3B841.6M2.7B2.8B
Non Current Assets Total9.3B13.2B15.2B13.0B28.5B30.0B
Non Currrent Assets Other(66.7M)(95.4M)(15.2B)(45.5M)938.1M985.0M
Other Assets7.3B5.1B2.7B5.7B6.6B6.3B
Cash And Short Term Investments9.5B14.6B18.7B13.1B10.4B10.9B
Liabilities And Stockholders Equity26.1B32.9B36.7B31.9B31.7B19.2B
Non Current Liabilities Total2.4M802K12.6M29.4B17.9B18.7B
Other Stockholder Equity2.1B2.4B2.7B2.9B3.1B3.3B
Total Liab2.4M802K12.6M29.4B28.7B14.6B
Property Plant And Equipment Gross370.6M371.1M981.8M1.0B1.1B1.1B
Total Current Assets9.5B14.6B18.7B13.1B3.2B3.0B
Accumulated Other Comprehensive Income110.4M331.4M77.1M(1.1B)(891.4M)(846.8M)
Common Stock564.0M589.4M610.8M629.3M655.3M479.8M
Other Current Assets1.8B3.2B6.0B1.9B3.2B5.9B
Common Stock Total Equity564.0M589.4M610.8M629.3M723.7M487.0M
Other Liab516.5M477.1M392.2M275.3M316.6M277.0M
Long Term Debt2.4M802K12.6M9.7M1.4M1.3M
Short Term Investments8.6B12.4B14.5B12.2B9.7B8.1B
Inventory365K93K115K96K86.4K82.1K
Treasury Stock(37.5M)(33.0M)(33.0M)(41.7M)(37.6M)(35.7M)
Intangible Assets9.5M11.2M15.6M15.2M14.2M12.4M
Property Plant Equipment370.6M371.1M388.7M418.9M481.7M395.8M
Short Term Debt1.9B2.1B3.0B2.8B2.9B2.2B
Net Tangible Assets2.8B3.2B3.3B2.3B2.7B2.7B
Noncontrolling Interest In Consolidated Entity3.8M2.9M11.0M16.3M18.7M19.7M
Retained Earnings Total Equity201.6M73M92.5M31.6M28.5M27.0M
Capital Surpluse2.2B2.4B2.7B2.9B3.4B2.0B

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Additional Information and Resources on Investing in Commerce Stock

When determining whether Commerce Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commerce Bancshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Commerce Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commerce Bancshares Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commerce Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Commerce Stock please use our How to Invest in Commerce Bancshares guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Commerce Bancshares. If investors know Commerce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Commerce Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
1.041
Earnings Share
3.59
Revenue Per Share
12.081
Quarterly Revenue Growth
0.041
The market value of Commerce Bancshares is measured differently than its book value, which is the value of Commerce that is recorded on the company's balance sheet. Investors also form their own opinion of Commerce Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Commerce Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Commerce Bancshares' market value can be influenced by many factors that don't directly affect Commerce Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Commerce Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Commerce Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commerce Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.